California's biggest utility provider, rallied nearly 10% Tuesday after the company reported it has lined up $5.5 billion to fund its bankruptcy, which is linked to last November's deadly California wildfire.
It was another warm and windy night in Southern California. As with any strong East wind event, we anticipated hearing about a small brush fire or two in the morning, so it wasn’t much of a surprise to hear about the one that kicked up about 20 miles away.
Heavy rains are causing major flooding across much of the Central U.S. and Midwest regions. Plus, an update on some Hurricane Irma restoration efforts, and other restoration industry-related headlines.
Let’s talk about what you need to know in order to decide whether or not you and your company are up to leaving home plate to work a CAT storm outside of your normal work area.
In the restoration industry, we talk about catastrophe loss quite often. In fact, R&R is launching a conference dedicated to educating restorers on handling CAT claims. However, there is a common misconception when it comes to disaster restoration: that traveling is required.